January 2014 - In This Issue:


TSAHC Receives $30,000 TFEE Grant

The Texas State Affordable Housing Corporation (TSAHC) has been awarded a $30,000 grant from Texas Financial Education Endowment (TFEE) to support statewide financial and homebuyer education efforts. TFEE, created by the 82nd Legislature, supports and promotes financial capability, education, and responsibility of Texans. The grant is administered by the Finance Commission of Texas. TSAHC plans to utlize the grant funding to further enhance the Texas Statewide Homebuyer Education Program (TSHEP) in 2014. 

 

 

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Homes for Texas Heroes Program Helps Young Family Buy First Home

Austin elementary school teacher Hector Gutierrez and his wife believed owning their own home was out of their reach until they had significant savings for a down payment on a mortgage loan. Research shows that the lack of down payment is often what prevents many young families from purchasing a home.

 

After hearing about TSAHC's Homes for Texas Heroes Home Loan Program from a fellow teacher, Mr. Gutierrez decided to take advantage of the down payment assistance grant program to purchase his first home. Mr.Gutierrez is excited to finally have a place where he and his wife can raise their family.

 

 

Counselor Connection

TSAHC introduces Counselor Connection, a dedicated place on TSAHC's website for housing counselors and those committed to improving our communities through financial and homebuyer education. 

 

At Counselor Connection you'll find training opportunities, both classroom and web-based. The Counselor Connection will also offer a forum open to any member of a non-profit organization, lending institution, community development group, governmental entity, housing organization, or other experts in housing and financial capability.

 

Our hope is to facilitate the creation of a network in Texas for those passionate about improving our communities through financial and homebuyer education. Learn More

 

To learn more about this initiative, please join us for a webinar: 

 

Introduction to Counselor Connection & the Texas Financial Toolbox 

 

Thursday, January 30th 

10 to 11:30am (CST)

 

 

Know a Deserving Veteran?

The Affordable Communities of Texas-Veterans Housing Initiative (ACT-VET) is a program of TSAHC, created in partnership with Bank of America and the National Community Stabilization Trust. The program provides low and no-cost homes to U.S. Military Veterans who are disabled and/or low-to-moderate income. 
 
This housing initiative provides eligible veterans with the opportunity to buy at a discount or receive as a donation a rehabbed or renovated foreclosed home.
 
 Learn More

Future TSHEP Events - Save the Date!

Registration for the next Texas Statewide Homebuyer Education Program (TSHEP) training sessions of 2014 will be opening soon: 

   

May 5th-6th San Antonio, TX  

 

HO310: Financial Coaching- Helping Clients Reach Their Goals

(2 days/ May 5th-6th) $50

  

On Wednesday, May 7th following this training, our partner RAISE Texas will be hosting a one-day forum, Creating Financial Capability Opportunities for All Texans. We encourage you to attend.   

 

August 4th-8th Austin, TX

 

HO103 - Lending Basics for Homeownership Counselors

(3 days/ August 4th-6th) $50

 

HO208 - Building Skills for Financial Confidence

(2 days/ August 7th-8th) $50

 

HO211 - Credit Counseling for Maximum Results

(3 days/ August 4th-6th) $50

 

Training classes are only open to counselors and staff working for a nonprofit, unit of local government or community based organization in Texas.
 
 Learn More


Thank you to the following individuals for their recent donations to TSAHC programs:



Russ Vandenburg
Barry Cryer
Kay Haggard